Roynat Equity Partners exits Comtrad with Ardenton deal

Canadian private equity firm Roynat Equity Partners and partner Tepper Holdings Inc, a Canadian holding company, have sold their majority ownership in Comtrad Strategic Sourcing, a sourcing and logistics business. The sale resulted from the recent investment in Comtrad by Ardenton Capital Corp in partnership with President and CEO Jim Long. Based in Mississauga, Ontario, Comtrad imports and distributes products from Asian suppliers to North American manufacturers and distributors. Long said his company "experienced significant growth and diversification" while owned by Roynat and Tepper.

31 October 2017•3 mins read
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